Veolia Water Technologies & Solutions (formerly SUEZ Water Technologies & Solutions) is a water technology company. It is part of Veolia Group and has operations in 130 countries in a variety of industries, including food and beverage,

metals A metal (from Greek μέταλλον ''métallon'', "mine, quarry, metal") is a material that, when freshly prepared, polished, or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well. Metals are typicall ...

and

mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...

, power,

pharmaceutical A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and re ...

oil and gas A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels ...

, chemicals,

petrochemicals Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sou ...

pulp Pulp may refer to: * Pulp (fruit), the inner flesh of fruit Engineering * Dissolving pulp, highly purified cellulose used in fibre and film manufacture * Pulp (paper), the fibrous material used to make paper * Molded pulp, a packaging material * ...

and

paper Paper is a thin sheet material produced by mechanically or chemically processing cellulose fibres derived from wood, rags, grasses or other vegetable sources in water, draining the water through fine mesh leaving the fibre evenly distributed ...

, and

utilities A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and r ...

History

William H. Betz and L. Drew Betz founded Betz as a water purification business in

Philadelphia Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sinc ...

, Pennsylvania, in 1925. It later became Betz Laboratories and then Betz International.

BetzDearborn & Hercules, Inc.

In 1996, Betz acquired the ''Grace Dearborn'' water-treatment and process chemicals business from

W. R. Grace and Company W. R. Grace and Co. is an American chemical business based in Columbia, Maryland. It produces specialty chemicals and specialty materials in two divisions: Grace Catalysts Technologies, which makes catalysts and related products and technologies ...

At that time Dearborn had 2,500 employees and sales of $400 million per year, while Betz claimed 4,100 employees and $800 million in revenue. In 1998, the combined ''BetzDearborn Inc.'' was acquired by

Hercules Inc. Hercules, Inc. was a chemical and munitions manufacturing company based in Wilmington, Delaware, United States, incorporated in 1912 as the Hercules Powder Company following the breakup of the DuPont explosives monopoly by the U.S. Circuit ...

for $2.4 billion in cash and $700 million in assumed debt.

GE Betz

In 2002,

General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...

acquired BetzDearborn from Hercules Inc. and became known as ''GE Betz'' and was part of

GE Infrastructure GE Infrastructure was a subsidiary of General Electric, formed in 2005 as part of a company-wide reorganization under CEO Jeff Immelt, until it was split apart into GE Technology Infrastructure and GE Energy Infrastructure in another reorganization ...

. At that time, the company had approximately $1 billion in revenue and a sales force of 2,000. In the years that followed its purchase of BetzDearborn, GE also acquired ''Osmonics, Inc.'', ''Ionics'', and membrane producer ''Zenon Environmental Systems'', and by 2006 had combined them into ''GE Water & Process Technologies'' In 2008, GE restructured its subsidiaries and ''GE Water & Process Technologies'' became part of GE Energy Infrastructure. In 2012, GE Energy was reorganized and the original Betz operations and the rest of ''GE Water & Process Technologies'' are now part of GE Power & Water

Suez

In 2017, Suez closed on the purchase of GE Water and Process Technologies

Notes

General Electric Infrastructure subsidiaries Companies based in Bucks County, Pennsylvania Water companies of the United States American companies established in 1925 1925 establishments in Pennsylvania {{DEFAULTSORT:Veolia Water Technologies and Solutions